Job Market Monitor
Michel Cournoyer
Jobs Outlook in Science, Research, Engineering and Technology in UK – The number of graduates and apprentices will fall short of the number of people needed
This report explores the number of jobs that are expected to open between 2016 and 2023. It looks at where they are expected to be created and the contribution of science, research, engineering and technology to this number. The key findings are: • Jobs in science, research, engineering and technology will rise at double the … Continue reading
VET Dropouts in Europe – VET toolkit for tackling early leaving
What is the VET toolkit for tackling early leaving? The Europe-wide VET toolkit for tackling early leaving was developed by Cedefop in 2017. Based on evidence of success, it provides practical guidance, tips, good practices and tools drawn from VET aiming at: helping young people at risk of becoming early leavers to attain at least … Continue reading
Productivité au Canada, 2016 – Progrès de 0,4 %, après avoir affiché un recul d’ampleur similaire en 2015
En 2016, la productivité des entreprises s’est accrue dans huit provinces ainsi qu’au Yukon. [Au Québec, la hausse se limite à Québec 0,2 %]. La productivité a diminué en Alberta (-1,1 %) et elle était inchangée en Saskatchewan, ce qui représente tout de même une amélioration par rapport à 2015 pour ces deux provinces. Dans les Territoires du Nord-Ouest … Continue reading
Skills and transition in Financial Services
[One of the transition in financial services] concerns the talent base and the kind of skills and capabilities needed. Historically, insurers have focused on backward-looking data, on actuarial science, on estimating future risk from past performance. If motor vehicles undergo massive change so that they don’t drive the same way and accidents are automatically prevented, … Continue reading
Household Finances in US – 44 Percent could not cover an unexpected $400 emergency expense Fed finds
The report, based on the Board’s fourth annual Survey of Household Economics and Decisionmaking conducted in October 2016, presents a picture of improving financial well-being among Americans. Overall, 70 percent of respondents said they were either “living comfortably” or “doing okay,” up 1 percentage point from 2015 and up 8 percentage points from the first … Continue reading
Participation in US – 11 percentage point gap in participation rates between men with a college degree and those with a high school degree or less
For decades, the portion of prime-age men (ages 25 to 54) in the labor force has been in decline. More recently, the labor force participation rate of prime-age women has stagnated and also declined. This paper addresses the consequences of, and reasons for, these declines, especially among men. A subsequent effort will address appropriate policy … Continue reading
Skills in Australia – The number of jobs in soft-skill intensive occupations will grow at 2.5 times the rate of jobs in other occupations
A workforce with a broad mix of skills is crucial for business success and national prosperity. Businesses with more skilled sta have higher rates of innovation and productivity. And academic literature has found a consistent relationship between human capital and economic growth. But do we fully understand the workforce skills necessary for success? Formal quali … Continue reading
Data and Analytics Talent in US – The number of positions will increase by 364,000 openings to 2,720,000 in 2020
The democratization of data is transforming our world. Sensors are everywhere. Cities are measur- ing and acting upon a wide variety of data sources. Governments at all levels are opening their data to their citizens. Old businesses are being transformed by data. Dynamic new businesses are powered by data. Anyone with a smart phone now … Continue reading
Gender Gap in Spain – Women still rank second in key areas of society related to employment
The goal of this study was to analyse the perceptions of Spanish women taking occupational training courses and of gender equality experts with respect to the relationship between initial formal education, occupational training, continuing education and employment, as well as the role played by the family in this relationship, in order to elucidate conceptions of … Continue reading
Millennials in US – The share of college-educated young adults in today’s workforce is higher than ever before
As U.S. college graduates earn their bachelor’s degrees and enter the job market this month, data from the Census Bureau show that the share of college-educated young adults in today’s workforce is higher than ever before. Four-in-ten Millennial workers ages 25 to 29 had at least a bachelor’s degree in 2016, according to a Pew … Continue reading
Unions in UK – Members were a third more likely to have received training than non-unionised employees
The research shows that over the period 2001–2013 union members were a third more likely to have received training than non-unionised employees. The analysis isolates the union impact using regression analysis which controls for a variety of other factors (e.g. age, gender, occupation, sector etc.) and concludes that union members were 1.34 times more likely … Continue reading
Diversity in Management – Innovation rises with it
BCG and the Technical University of Munich conducted an empirical analysis to understand the relationship between diversity in management (defined as all levels of management, not just executive management) and innovation. Although the research is concentrated in a particular geographic region, we believe that its insights apply globally. The following are the major findings: The … Continue reading
Refugees in Europe – Good education helps, but less than for native-born
This paper analyses the individual driving factors of refugees’ and family migrants’ labour market performance, using an ordinal logistic regression model. In a basic model, their employment rate is being regressed against the main socio-demographic characteristics (sex, age, education), before a supplementary model includes other information (years of residence, language skills and information about parents) … Continue reading
Automation – The future of jobs is not deterministic, but needs to be shaped
Fundamental changes in technologies and production systems and the emergence of new industries are major drivers of growth and development. They have the power to transform the world of work by destroying jobs, generating new ones and transforming the nature of jobs. Hence, ever since the Industrial Revolution, workers, business people, policy makers, and academics … Continue reading
Older Workers in UK – Workplace innovation practices
The increasing age of the working population is creating unprecedented challenges for organizations and governments. Coupled with economic and demographic changes, these challenges call for effective and efficient ways to manage an increasingly older workforce. So far, policy on developing sustainable work and retaining an increasingly ageing workforce has focused on raising the retirement age … Continue reading
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